Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
41.23
+0.38 (0.93%)
Aug 21, 2026, 4:00 PM EDT - Market closed
Varonis Systems Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 688.1 | 623.53 | 550.95 | 499.16 | 473.63 | 390.13 |
Revenue Growth | 15.61% | 13.17% | 10.38% | 5.39% | 21.40% | 33.29% |
Gross Profit Gross Profit Growth | 530.31 | 491.56 | 457.1 | 427.41 | 403.8 | 330.74 |
Operating Income Operating Income Growth | -149.56 | -145.85 | -117.65 | -117.22 | -121.23 | -98.69 |
Net Income Net Income Growth | -141.38 | -129.32 | -95.77 | -100.92 | -124.52 | -116.86 |
Earnings Per Share EPS Growth | -1.22 | -1.13 | -0.86 | -0.92 | -1.14 | -1.11 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Term License Subscriptions Term License Subscriptions Growth | 56.83 | 109.64 | 254.24 | 356.49 | 363.9 | - |
SaaS SaaS Growth | 600.93 | 462.6 | 208.78 | 44.42 | 2.25 | - |
Maintenance and Services Maintenance and Services Growth | 30.33 | 51.3 | 87.93 | 98.25 | 107.49 | 119.3 |
Revenue (Total) Revenue (Total) Growth | 688.1 | 623.53 | 550.95 | 499.16 | 473.63 | 390.13 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 911.53 | 1,108 | 1,227 | 745.81 | 732.89 | 807.94 |
Total Debt Total Debt Growth | 528.37 | 521.75 | 754.41 | 311.84 | 316.46 | 302.82 |
Net Cash (Debt) Net Cash Growth | 383.15 | 586.42 | 472.91 | 433.98 | 416.43 | 505.12 |
Net Cash Growth | -8.34% | 24.00% | 8.97% | 4.21% | -17.56% | 1871.65% |
Net Cash Per Share Net Cash Per Share Growth | 3.31 | 5.13 | 4.24 | 3.98 | 3.81 | 4.80 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 138.21 | 147.43 | 115.2 | 59.42 | 11.87 | 7.18 |
Capital Expenditures CapEx Growth | -16.26 | -12.63 | -6.69 | -5.1 | -11.4 | -10.49 |
Free Cash Flow Free Cash Flow Growth | 121.94 | 134.8 | 108.51 | 54.32 | 0.48 | -3.31 |
Free Cash Flow Growth | -2.30% | 24.24% | 99.76% | 11335.16% | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 77.07% | 78.83% | 82.97% | 85.63% | 85.26% | 84.78% |
Operating Margin | -21.73% | -23.39% | -21.35% | -23.48% | -25.60% | -25.30% |
Pretax Margin | -19.52% | -18.66% | -15.07% | -17.41% | -23.40% | -28.41% |
Profit Margin | -20.55% | -20.74% | -17.38% | -20.22% | -26.29% | -29.95% |
FCF Margin | 17.72% | 21.62% | 19.69% | 10.88% | 0.10% | -0.85% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 24, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Forward PE | 187.07 | 128.07 | 154.00 | 131.97 | 110.89 | 197.66 |
P/FCF Ratio | 38.84 | 28.69 | 46.05 | 90.83 | 5555.09 | - |
PS Ratio | 6.88 | 6.20 | 9.07 | 9.88 | 5.57 | 13.42 |